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Board Portal Access

  • 21 Dec 2020 3:14 PM
    Message # 9444636
    Deleted user

    Hi there,

    Wondering what everyone does with their boards in terms of board portal access for directors. Do you allow all directors access to all board and committee materials, regardless if they are a member? Or just give directors access to materials for the committees that they sit on? 

    Also, do you allow board members to have access to all historical board and committee materials and minutes?

    How do you manage conflicts of interest? Re-line? Block access for that particular material?

    Thanks in advance!

  • 22 Dec 2020 9:24 AM
    Reply # 9446034 on 9444636
    Deleted user

    Hi,

    Our board and committee governance model as well as our board culture is such that all board materials are visible to all directors.  This assists in effectively delegating responsibility to committees while maintaining trust and openness.

    Particular items may have visibility restricted to certain individuals, but even then it's usually members of management who are denied permission (management have board portal accounts at our organization too).

    New directors are able to access all historical materials on the portal, subject to the same restrictions they inherit from their predecessors. 

    A notable exception is Nominating Committee material, for which certain materials may be redacted or kept confidential from the rest of board (either temporarily or permanently) at the discretion of the Corporate Secretary. 

    Another exception are matters concerning CEO remuneration, which are communicated directly from the relevant committee chair to the board and then from the board chair to the appropriate executive lead for processing.  Records of dollar figures are generally not stored on the portal. 

    I like this model because it fosters a good culture and avoid the administrative hassle (not to mention risks) of managing permissions. 

    Hope this helps!  


  • 22 Dec 2020 9:38 AM
    Reply # 9446096 on 9444636
    Deleted user

    Our practice mirrors that outlined by Raj very closely. However, for Nominating Committee material, in general, we restrict access to the members of the Committee itself, so that information about applicants remains confidential.

    Access by management to CEO compensation information and minutes is determined by the CEO. 

    All the best,

    Mae-Yu

  • 11 Jan 2021 6:39 PM
    Reply # 9849997 on 9444636
    Deleted user

    We provide all directors "all access", for both the past and present.

  • 18 Jan 2021 8:18 AM
    Reply # 9872495 on 9444636
    Deleted user

    We follow the same model that was described by the other two respondents. 


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